Funding you earn now, next payment 23:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.023%
Price spread now: Ondo Perps against QFEX−0.012%56s7-day average −0.086% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.012%, 7d avg −0.086%
=Together, before fees−0.026%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.074% dearer against QFEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.086%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWV-USD | 85.660 | 0.0026 | pay 0.0003% / 1h | 44m 45s | $1.3M | $3.3M | 10x |
| Short | Ondo Perps CRWV-USD.P | 85.650 | 0.0050 | get 0.0006% / 1h | 44m 45s | $331K | $215K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.11
- Price spread: −0.012% → −0.086%
- $7.44
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$2.45
- Costs to cover
- 0.150%
- Break-even
- 10.4 days
Slippage unknown: QFEX: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 3 min ago | 1.75 bp | 6.8 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CRWV on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 85.747 | +0.102% | $37K | $35K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.694 | +0.040% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.714 | +0.063% | $9.7M | $18.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.710 | +0.058% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.700 | +0.047% | $5.5M | $4.0M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.710 | +0.058% | $2.3M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.677 | +0.020% | $313K | $396K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.750 | +0.105% | $2K | $219K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.600 | −0.070% | $2K | $5.4M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.760 | +0.117% | $140K | $2K | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0009% | 8h | 85.770 | +0.128% | $170K | $68K | 20x | as long as short |
| QFEX CRWV-USDlong | +0.0026% | 1h | 85.660 | long leg | $1.3M | $3.3M | 10x | |
| Lighter CRWV | +0.0032% | 1h | 85.750 | +0.105% | $104K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.720 | +0.070% | $421K | $454K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.720 | +0.070% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.Pshort | +0.0050% | 1h | 85.650 | −0.012% | $331K | $215K | 10x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.690 | +0.035% | $362K | $517K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0156% | 8h | 85.710 | +0.058% | $2.2M | $1.3M | 25x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.610 | −0.058% | $1K | $44K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0218% | 1h | 85.665 | +0.006% | $9.6M | $7.6M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0471% | 1h | 85.738 | +0.091% | $68K | $193K | 10x | as long as short |
| Arcus CRWV-USD | +0.0548% | 1h | 85.700 | +0.047% | $61K | $76K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0556% | 4h | 85.715 | +0.064% | $88K | $201K | 10x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
KuCoin CRWVUSDTM
Bybit CRWVUSDT
Phoenix CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
edgeX CRWVUSDC